Abbreviated Company Accounts - RADIO WAVES COMMUNICATIONS UK LIMITED

Abbreviated Company Accounts - RADIO WAVES COMMUNICATIONS UK LIMITED


Registered Number 07014976

RADIO WAVES COMMUNICATIONS UK LIMITED

Abbreviated Accounts

31 August 2016

RADIO WAVES COMMUNICATIONS UK LIMITED Registered Number 07014976

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 3,020 2,062
3,020 2,062
Current assets
Stocks 34,225 23,035
Debtors 15,580 11,497
Cash at bank and in hand 18,961 7,629
68,766 42,161
Creditors: amounts falling due within one year (47,083) (35,748)
Net current assets (liabilities) 21,683 6,413
Total assets less current liabilities 24,703 8,475
Total net assets (liabilities) 24,703 8,475
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 24,702 8,474
Shareholders' funds 24,703 8,475
  • For the year ending 31 August 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
  • The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 March 2017

And signed on their behalf by:
Mr T N Pedley, Director

RADIO WAVES COMMUNICATIONS UK LIMITED Registered Number 07014976

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance
with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Plant and machinery 25% reducing balance/over four years
Fixtures, fittings & equipment 25% reducing balance/over four years

Other accounting policies
Leasing
Rentals payable under operating leases are charged against income on a straight line basis over
the lease term.

Stock
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets
£
Cost
At 1 September 2015 17,069
Additions 2,392
Disposals -
Revaluations -
Transfers -
At 31 August 2016 19,461
Depreciation
At 1 September 2015 15,007
Charge for the year 1,434
On disposals -
At 31 August 2016 16,441
Net book values
At 31 August 2016 3,020
At 31 August 2015 2,062
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1 Ordinary shares of £1 each 1 1